Online marketing is not easy and takes a specific set of skills. What I've found out though, is that most people don't believe in themselves enough to invest in themselves enough to acquire the necessary skills to build a successful business on the internet.

It takes 2 things to acquire the skills to build your business online from a practical standpoint and those things are TIME and MONEY. You either have the money to pay someone to teach you how to success or you have the time to figure things out on your own. Either way you're going to have to invest one or the other, but if you don't fully BELIEVE in yourself you won't invest either one.

Hopefully you don't have that problem and you're ready to take your business to the next level online. Below is the live stream from today's "Talking Money in the Morning LIVE!" show where I give my complete commentary on the subject. Please check it out and leave a comment and let us know what you think.

1 Targeted Traffic - The internet is full of traffic. But you don't want any ole traffic, you want to put your projected in front of the right traffic, targeted traffic. Meaning people that are actually looking for what you have to offer.

2 Leads - This is a skill worth learning at any cost. Leads are the lifeline of any business and if you can master lead generation online you can build a business online.

3 Relationships - Many business, especially new online businesses, miss this step. People online will not spend money with you unless they know, like and trust you. Therefore you have to spend some time developing the lead before you can convert them into a paying customer.

4. Sales - Yes I said it! The "S" word. I don't know how people attempt to make money in any business without sales. Some business owners refuse to say the word. They say things like "we don't sell, we educate." At the end of the day you have to get comfortable selling if you plan to build a business online.

5. Systems/Tools - When it comes to these 5 things they are all relevant and all needed but you don't want to spend all day doing them. Therefore, you'll need systems and tools to help automate as much of the process as possible. - See more at: http://financialhealthmentor.weebly.com/fhmblog/5-things-you-need-to-build-a-business-on-the-internet-pt-1#sthash.ftPFGKa9.dpuf

This months book list: My personal goal is to read 5 books per month. See the books on the list for the month so far. Your purchase of these books through my affiliate link earns me a small commission which helps in the production of the show so by investing in yourself you're investing in me too.